Starting the Week: Global Developments and Market Expectations.

The Trump-Putin meeting scheduled for Friday in Alaska is seen as a critical juncture in terms of sanctions pressure on Russia, Ukraine's territorial integrity, and global security balances.

This meeting could directly affect energy prices and European markets; a positive outcome could lead to a decrease in oil and gas prices.

Strengthened expectations for interest rate cuts due to weak U.S. data are reviving carry trade strategies, providing capital flow to Brazil, Turkey, and other high-yield emerging markets.

In Turkey, the Turkish Lira is expected to gain value, and stock indices are anticipated to rise, but inflation control is of critical importance.

Overall, the week will be shaped by geopolitical risks and macroeconomic data.

Crypto Market Update

#Bitcoin continued its rise on Monday following U.S. President Donald Trump's executive order allowing retirement funds to invest in the cryptocurrency sector.

It rose to $122,084.1.

#Ethereum also gained similar momentum, reaching $5,450 with a 4.2% increase.

The total cryptocurrency market cap exceeded $3 trillion.

Highlighted Sectors and Company Performances

#KRDM (Positive): Kardemir reported a net profit of 1.32 billion TL for Q2 2025 against a loss of 1.25 billion TL for Q2 2024. The disclosed net profit significantly exceeded the market expectation of 62 million TL.

The company's turnaround is attributed to increases in operational efficiency and a recovery in steel demand.

#Halkbank performed well with a net profit of 4.9 billion TL in Q2 2025.

This is due to an increase in domestic credit demand coupled with a decrease in geopolitical risk levels and improvement in interest margins.

The bank management maintains positive expectations for the year-end, while other players in the sector are also showing similar improvements. However, global inflation pressures and currency fluctuations emerge as factors that could affect the banking sector.